Top Stories in Australian Home Ownership November 15, 2016

Today’s trending stories in Australian home ownership and Home Loans.

  • Toorak house sells almost $2 million over reserve at auction
    The heat of the moment can always spur house buyers to pay more than expected under the hammer, but adding an extra $2 million to the price of a property is an impulse too extreme for most to even conceive especially when they plan to knock the place down.
    That was the case at an auction in Toorak on Saturday, when a crowd of 120 people watched a three-bedroom home headed for the bulldozer rocket $1.82 million above its reserve.
    In the wake of the US election result, one…
  • Buyers and sellers sit tight in Watson
    Buyers and sellers are holding off in Watson. This is a surprise as the suburb is now set to benefit from light rail. Buyer activity plummeted 21.1 per cent compared to the year prior. Home hunters purchased 90 properties across the suburb over the first ten months of the year, with 24 fewer transactions annually….
  • Donald Trump may put a lid on house prices
    The housing market could be in for a correction as Donald Trump steps into power in the US. Erin Jonasson. Share on twitter Share on Google Plus.
  • Bank Reporting Season Review
    The pressure on net interest margins shifted from business segment to the mortgage book in the period, driven by the impact of passing on the full…
  • 'Noise' ahead on mortgage risk weights
    ‘Noise’ ahead on mortgage risk weights. This content requires an active Banking Day subscription. Login below or request a free trial.
  • Non-bank closes first CMBS transaction
    Commercial property lender Thinktank has successfully closed its first public commercial mortgage backed securitisation (CMBS) transaction of $280…
  • Property investment back on the upswing
    New figures show dwelling commitment values for investment housing have risen while owner-occupied lending has dropped
  • Non-bank closes first CMBS transaction
    The commercial property lender has announced the launch of its very first public commercial mortgage backed securitisation